Around the Net
Mobile Dominates Transactions at Chinese Company
- Mobile Commerce Press, Monday, December 15, 2014 12:05 PM
In China, the trend in mobile commerce has been a rapid growth this year, according to a report that was released by the smartphone based payments branch of Alibaba, Alipay. The Alipay report showed that over half of the online transactions that occurred at Alibaba over the first ten months of the year occurred over mobile commerce. In fact, mobile phones were responsible for 54 percent of the online transactions using Alipay from January through the end of October. Comparatively, throughout all of last year, it had represented a much lower 22 percent of total online payments volume for purchases made online through the service.
